XRP analyst warns of volatility, charts signal bullish reversal toward $3.65

Crypto market analyst EGRAG CRYPTO has warned XRP investors of a potential major move as he identified a pattern shaping up on the token’s weekly chart. He pointed out what looks like a double top formation, noting two strong rejections at a key resistance level near the current price of $1.34. The analyst stated that a breakdown below the formation’s neckline, with a confirmed weekly close, could accelerate a bearish scenario. However, a closer analysis of the chart he published reveals an inverse reading of the setup. The chart presented by EGRAG CRYPTO was shown in inverted form, making an upward breakout visually appear as a sharp downward move.

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